Best Buy Shares Quiet as S&P Issues Mid-Day Note Affirming Ratings, Raising Outlook to Stable Following Q2 Results

Standard & Poor's Ratings Services said today it revised the outlook on Minneapolis-based Best Buy Co. Inc. (NYSE: BBY ) to stable from negative. We also affirmed all of our ratings on the company, including the 'BB' corporate credit rating. We based the outlook revision on the company's second quarter operating results, which